Kansspelautoriteit (KSA), the regulatory authority for the Netherlands, has published its ‘Market Vision’ document which outlines the core directives it seeks to establish for monitoring ‘games of chance’ in the interest of public safety. The KSA document sets out the regulator’s current structures related to market monitoring, how it has categorised games of chance and also how the regulator undertakes …
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The Dutch Council of State (CoS) has upheld an appeal submitted by Betfair and Unibet which claims that the allocation procedure carried out by the Netherlands Gambling Authority (NGA) did not give other parties ‘a fair chance’ of obtaining a totalisator licence. Under Article 24 of the Betting and Gambling Act, the NGA is permitted to grant one totalisator licence, …
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The Dutch gambling regulator, Kansspelautoriteit (KSA), has reaffirmed its aim of preventing under-aged gamblers from accessing games of chance after warning operators to ensure age verification measures are being properly enforced. Publishing a survey which polled individuals aged between 16-30, the KSA analysed the differences in gambling behaviours between three distinct age groups: 16-17 year olds; 18-23 year olds and …
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Rene Jansen, Chairman of the Netherlands gambling regulatory authority Kansspelautoriteit (KSA), has warned industry leadership that operator conduct and behaviour will be judged as key conditions for licensing. Jansen made his remarks addressing an audience of legal executives at a gaming event hosted by Amsterdam law firm Kalff Katz & Franssen. 2019 saw the Dutch Kamer settle on the terms …
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Stockholm-listed Kindred Group Plc has revealed that its gross winning revenues for Q4 2019 have been hampered by both weak sports betting margins and the costs of its US expansion efforts. As confirmed in a pre-market update, Kindred explained that its expected revenues will be in the region of £235m for the final three months of 2019, marking a decrease …
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Chairman of the Dutch gaming authority Kansspelautoriteit, René Jansen, has emphasised that he believes the country’s Remote Gaming Act will be introduced on 1 January 2021 rather than the original target date of 1 July 2020. Speaking at a Gaming in Holland meeting in Amsterdam, Jansen shed some light on advertising and age verification framework which will come into play, …
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Industry strategic consultancy Regulus Partners examines a week full of regulatory warnings in the Netherlands, further political disruption in the UK, and gaming reform in Ireland. Netherlands: online regulation – orange warning signals? The implementation of the Netherlands Remote Gaming Act faced more parliamentary scrutiny this week, with a theme of questioning from the Justice and Security Committee being ensuring …
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The Netherlands’ gambling regulatory authority Kansspelautoriteit (KSA) has updated industry stakeholders on ‘provisional guidance’ related to its licensing process, which is scheduled to officially open from 1 July 2020. Preparing incumbents, the KSA details guidance on core requirements sanctioned by its upcoming licensing process, reminding operators that applications will cost €45,000 each with no refund granted should an operator fail to …
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PSV Eindhoven has called upon its season-ticket holders to offer feedback on the potential for future commercial partnerships between the team and an online gambling company. Dutch newspaper Eindhovens Dagblad has confirmed that the football club had sent out letters to its fans requesting their views on gambling promotions, with a potential deal estimated to be worth between €1m (£900,000/$1.1m) …
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Kansspelautoriteit (KSA), the Netherlands gambling authority, has published its first guidelines on preventing money laundering and the financing of criminal activities through gambling verticals. Though not ‘legally binding’, the provisions and best practices promoted by KSA have been developed to ‘comply with obligations’ established by the Netherlands ‘Wwft Prevention Act’. Maintaining the integrity of Dutch financial systems, all business stakeholders …
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